Austria has been minting nice silver coins for collectors in schilling denominations since 1955. There are many patterns. The multiple shields in circular arrangement is a popular pattern for the reverse. The obverse ('heads side') comes in different patterns each year and each denomination. Summarizing:
25 SCHILLING, 1955 to 1973, 0.334 troy ounces silver
50 SCHILLING, 1959 to 1973, 0.579 ounces silver
50 SCHILLING, 1974 to 1978, 0.412 ounces silver
50 SCHILLING, 1996 to 2001, copper-nickel, no silver
100 SCHILLING, 1974 to 1979, 0.492 ounces silver
100 SCHILLING, 1991 to 2001, 0.579 ounces silver
100 SCHILLING, 2000 to 2001, bi-metallic, 0.127 ounces silver
200 SCHILLING, 1995, 1.000 ounces silver
500 SCHILLING, 1980 to 1982, 0.494 ounces silver
500 SCHILLING, 1983 to 2001, 0.714 ounces silver
These coins are worth their weight in silver. To find the Base Value (BV), multiply the weight in troy ounces by the current price of silver. Today, silver is trading at about $19 US dollars per troy ounce. Tomorrow the value will be different, so look it up (e.g., at kitco). Therefore BV for a 1959 50 schilling is 0.579 x 19 = $11 US dollars.
If you have a coin that is in good shape, with no wear, good eye appeal, and no problems such as smudges, scratches, cleanings, stains, nicks, gouges, and the like, you can add a few dollar to the value:
- most coins in pristine condition, add $5 to BV
A few coins carry small premiums over the others:
- 25 schilling 1955 in pristine condition, add $15 to BV
- 50 schilling 1968 proof, add $100 to BV (must be a proof coin)
- 100 schilling 1991 proof, add $100 to BV (must be a proof coin)
- 100 schilling 1992 proof, add $60 to BV (must be a proof coin)
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